News: Front Section

Weber and McMahon of Newmark Knight Frank broker two leases at Walden Sq. Science Center

Ryan Weber and Christopher McMahon, senior managing directors at Newmark Knight Frank, represented the landlord in two recent transactions at 85 Bolton St. The landlord, Bolton Street, LLC, recently converted the former Wyeth Research Center to Walden Sq. Science Center, attracting tenants by its ability to provide laboratory facilities for below-market rental rates. Tetragenetics Inc. has leased 9,000 s/f on the second floor of Walden Sq. Science Center. Cushman & Wakefield represented Tetragenetics Inc. in this transaction. Ligon Discovery, Inc. has leased 2,500 s/f on the first floor of Walden Sq. Science Center. "The building is a great solution for growing life science companies that need functional laboratory space in a timely manner at affordable rates," said Weber. Newmark Knight Frank represented Ligon Discovery, Inc. as well as the landlord in this transaction. Newmark Knight Frank is one of the largest independent real estate service firms in the world. Headquartered in New York, Newmark Knight Frank and London-based partner Knight Frank operate from over 220 offices in established and emerging property markets on six continents. With a combined staff of 7,300 and revenues last year exceeding $861 million, this major force in real estate is meeting the local and global needs of owners, tenants, investors and developers worldwide. For further information, visit www.newmarkkf.com.
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Newmark negotiates sale of 10 Liberty Sq. and 12 Post Office Sq.

Boston, MA Newmark has completed the sale of 10 Liberty Sq. and 12 Post Office Sq. Newmark co-head of U.S. Capital Markets Robert Griffin and Boston Capital Markets executive vice chairman Edward Maher, vice chairman Matthew Pullen, executive managing director James Tribble,
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Five ways to ruin a  Section 1031  Like-Kind Exchange - by Bill Lopriore

Five ways to ruin a Section 1031 Like-Kind Exchange - by Bill Lopriore

While there is some flexibility when structuring a like-kind exchange, some important requirements must be met. A mistake can ruin your exchange. Here are five mistakes to avoid:
How COVID-19 has impacted office leasing - by Noble Allen and John Sokul

How COVID-19 has impacted office leasing - by Noble Allen and John Sokul

To say that the effects of COVID-19 has transformed office leasing is an understatement. When COVID-19 was at its peak, office spaces were practically abandoned either through governmental mandates or through actions taken by businesses themselves.

Make PR pop by highlighting unique angles - by Stanley Hurwitz

Make PR pop by highlighting unique angles - by Stanley Hurwitz

Coming out of the pandemic, a client with three hotels in Provincetown, Mass., needed ways to let the world know his properties were open for business for the 2021 tourist season.
Four tips for a smooth 1031 Exchange - by Bill Lopriore

Four tips for a smooth 1031 Exchange - by Bill Lopriore

Many real estate investors do not understand the specific requirements that must be met to secure the benefits of a tax-deferred 1031 exchange. For example, the replacement property must be identified within 45 days of the closing date of the relinquished property.